Will You Ever Save $1 Million?

In a recent installment of my newsletter, I asked subscribers about the $1 million symbol of status. The (fading?) personal financial rite of passage that sits at the heart of the name of this very Medium publication. However, there’s nuance to the discussions  <a href="https://medium.com/u/f36975725e18?source=post_page-----fef3c13d0be9--------------------------------" rel="noopener" target="_blank">Ben Le Fort</a>  facilitates here. Of course, some directly hit the goal of becoming a liquid millionaire. Others measure it by net worth. Others still don’t quantify it this way. Instead, they qualify it. I prefer this approach. Once I realized there was no way in hell I’d amass a million bucks, I quickly adopted an alternative way of viewing the relationship between money, my life today and how I want to live going forward. This has become the focus of most of my writing. In these conversations, being a millionaire is often a mindset. Or, more practically speaking, your cost of living as it relates to how much money you make facilitates your personal financial runway. Spending $2,000 a month on $5,000 of income can make you feel like more of a “millionaire” that spending $5,000 a month on $5,000 of income. There are other ways to look at it. Such as the way I brought up <a href="https://roccopendola.substack.com/p/how-to-deal-with-the-reality-of-not" rel="noopener ugc nofollow" target="_blank">a few weeks ago</a>: <a href="https://themakingofamillionaire.com/will-you-ever-save-1-million-fef3c13d0be9">Read More</a>